101.9213(4)
(4) An unperfected security interest is subordinate to the rights of persons described in
s. 409.301.
101.9213(5)
(5) The rules of priority stated in
s. 409.312, and the other sections therein referred to, shall, to the extent appropriate, apply to conflicting security interests in a manufactured home of a type for which a certificate of title is required, or in a previously certificated manufactured home, as defined in
s. 101.9222 (1). A security interest perfected under this section or under
s. 101.9222 (4) or
(5) is a security interest perfected otherwise than by filing for purposes of
s. 409.312.
101.9213(6)
(6) The rules stated in
ss. 409.501 to
409.507 governing the rights and duties of secured parties and debtors and the requirements for, and effect of, disposition of a manufactured home by a secured party, upon default shall, to the extent appropriate, govern the rights of secured parties and owners with respect to security interests in manufactured homes perfected under
ss. 101.9202 to
101.9218.
101.9213(7)
(7) If a manufactured home is subject to a security interest when brought into this state,
s. 409.103 (1),
(2) and
(3) states the rules that apply to determine the validity and perfection of the security interest in this state.
101.9213(8)
(8) Upon request of a person who has perfected a security interest under this section, as shown by the records of the department, in a manufactured home titled in this state, whenever the department receives information from another state that the manufactured home is being titled in the other state and the information does not show that the security interest has been satisfied, the department shall notify the person. The person shall pay the department a $2 fee for each notification.
101.9213 History
History: 1999 a. 9,
53,
185.
101.9214
101.9214
Duties on creation of security interest. If an owner creates a security interest in a manufactured home, unless the name and address of the secured party already is contained on the certificate of title for the manufactured home:
101.9214(1)
(1) The owner shall immediately execute, in the space provided therefor on the certificate of title or on a separate form or in an automated format prescribed by the department, an application to name the secured party on the certificate, showing the name and address of the secured party, and cause the certificate, application and the required fee to be delivered to the secured party.
101.9214(2)
(2) The secured party shall immediately cause the certificate, the application and the required fee to be mailed or delivered to the department.
101.9214(3)
(3) Upon receipt of the certificate of title, the application and the required fee, the department shall issue to the owner a new certificate containing the name and address of the new secured party. The department shall deliver to the new secured party and to the register of deeds of the county of the owner's residence memoranda, in such form as the department prescribes, evidencing the notation of the security interest upon the certificate; and thereafter, upon any assignment, termination or release of the security interest, additional memoranda evidencing such action.
101.9214(4)
(4) The register of deeds may record, and maintain a file of, all memoranda received from the department under
sub. (3). Such recording, however, is not required for perfection, release or assignment of security interests, which shall be effective upon compliance with
ss. 101.9213 (2),
101.9215 and
101.9216 (1) and
(2).
101.9214 History
History: 1999 a. 9,
53.
101.9215
101.9215
Assignment of security interest. 101.9215(1)
(1) A secured party may assign, absolutely or otherwise, the party's security interest in the manufactured home to a person other than the owner without affecting the interest of the owner or the validity of the security interest, but any person without notice of the assignment is protected in dealing with the secured party as the holder of the security interest and the secured party remains liable for any obligations as a secured party until the assignee is named as secured party on the certificate.
101.9215(2)
(2) The assignee may but need not, to perfect the assignment, have the certificate of title endorsed or issued with the assignee named as secured party, upon delivering to the department the certificate and an assignment by the secured party named in the certificate in the form that the department prescribes.
101.9215 History
History: 1999 a. 9,
53.
101.9216
101.9216
Release of security interest. 101.9216(1)
(1) Within one month, or within 10 days following written demand by the debtor, after there is no outstanding obligation and no commitment to make advances, incur obligations or otherwise give value, secured by the security interest in a manufactured home under any security agreement between the owner and the secured party, the secured party shall execute and deliver to the owner, as the department prescribes, a release of the security interest in the form and manner prescribed by the department and a notice to the owner stating in no less than 10-point boldface type the owner's obligation under
sub. (2). If the secured party fails to execute and deliver the release and notice of the owner's obligation as required by this subsection, the secured party is liable to the owner for $25 and for any loss caused to the owner by the failure.
101.9216(2)
(2) The owner, other than a manufactured home dealer holding the manufactured home for resale, upon receipt of the release and notice of obligation shall promptly cause the certificate and release to be mailed or delivered to the department, which shall release the secured party's rights on the certificate and issue a new certificate.
101.9216(3)
(3) The department may remove information pertaining to a security interest perfected under
s. 101.9213 from its records when 20 years after the original perfection has elapsed unless the security interest is renewed in the same manner as provided in
s. 101.9213 (2) for perfection of a security interest.
101.9216(4)
(4) Removal of information pertaining to a security interest from the records of the department under
sub. (3) does not affect any security agreement between the owner of a manufactured home and the holder of security interest in the manufactured home.
101.9216 History
History: 1999 a. 9,
53,
185.
101.9217
101.9217
Secured party's and owner's duties. 101.9217(1)
(1) A secured party named in a certificate of title shall, upon written request of the owner or of another secured party named on the certificate, disclose any pertinent information as to the party's security agreement and the indebtedness secured by it.
101.9217(2)(a)(a) An owner shall promptly deliver the owner's certificate of title to any secured party who is named on it or who has a security interest in the manufactured home described in it under any other applicable prior law of this state, upon receipt of a notice from such secured party that the security interest is to be assigned, extended or perfected. Any owner who fails to deliver the certificate of title to a secured party requesting it under this paragraph shall be liable to such secured party for any loss caused to the secured party thereby and may be required to forfeit not more than $200.
101.9217(2)(b)
(b) No secured party may take possession of any certificate of title except as provided in
par. (a). Any person who violates this paragraph may be required to forfeit not more than $1,000.
101.9217(3)
(3) Any secured party who fails to disclose information under
sub. (1) shall be liable for any loss caused to the owner by the failure to disclose information.
101.9217 History
History: 1999 a. 9,
53,
185.
101.9218
101.9218
Applicability of manufactured home security provisions. 101.9218(1)(1)
Method of perfecting exclusive. Except as provided in
sub. (2), the method provided in
ss. 101.921 to
101.9217 of perfecting and giving notice of security interests subject to
ss. 101.921 to
101.9217 is exclusive. Security interests subject to
ss. 101.921 to
101.9217 are exempt from the provisions of law that otherwise require or relate to the filing of instruments creating or evidencing security interests.
101.9218(2)
(2) Fixtures excluded. Notwithstanding
ss. 101.921 to
101.9217, the method provided in
ss. 101.921 to
101.9217 of perfecting and giving notice of security interests does not apply to a manufactured home that is a fixture to real estate.
101.9218 History
History: 1999 a. 9,
53,
185.
101.9219
101.9219
Withholding certificate of title; bond. 101.9219(1)
(1) The department may not issue a certificate of title until the outstanding evidence of ownership is surrendered to the department.
101.9219(2)
(2) If the department is not satisfied as to the ownership of the manufactured home or that there are no undisclosed security interests in it, the department, subject to
sub. (3), shall either:
101.9219(2)(a)
(a) Withhold issuance of a certificate of title until the applicant presents documents reasonably sufficient to satisfy the department as to the applicant's ownership of the manufactured home and that there are no undisclosed security interests in it; or
101.9219(3)
(3) Notwithstanding
sub. (2), the department may issue a nondistinctive certificate of title if the applicant fulfills either of the following requirements:
101.9219(3)(a)
(a) The applicant is a manufactured home dealer licensed under
s. 101.951 and is financially responsible as substantiated by the last financial statement on file with the department, a finance company licensed under
s. 138.09 or
218.01 [
ss. 218.0101 to
218.0163], a bank organized under the laws of this state, or a national bank located in this state.
101.9219 Note
NOTE: The bracketed language indicates the correct cross-reference. Corrective legislation is pending.
101.9219(3)(b)
(b) The applicant has filed with the department a bond in the form prescribed by the department and executed by the applicant, and either accompanied by the deposit of cash with the department or also executed by a person authorized to conduct a surety business in this state. The bond shall be in an amount equal to 1.5 times the value of the manufactured home as determined by the department and conditioned to indemnify any prior owner and secured party and any subsequent purchaser of the manufactured home or person acquiring any security interest in it, and their respective successors in interest, against any expense, loss or damage, including reasonable attorney fees, by reason of the issuance of the certificate of title for the manufactured home or on account of any defect in or undisclosed security interest upon the right, title and interest of the applicant in and to the manufactured home. Any such interested person has a right of action to recover on the bond for any breach of its conditions, but the aggregate liability of the surety to all persons shall not exceed the amount of the bond. The bond, and any deposit accompanying it, shall be returned at the end of 5 years or prior thereto if, apart from this section, a nondistinctive certificate of title could then be issued for the manufactured home, or if the currently valid certificate of title for the manufactured home is surrendered to the department, unless the department has been notified of the pendency of an action to recover on the bond.
101.9219 History
History: 1999 a. 9,
53,
185.
101.922
101.922
Suspension or revocation of certificate. 101.922(1)(1) The department shall suspend or revoke a certificate of title if it finds any of the following:
101.922(1)(a)
(a) That the certificate of title was fraudulently procured, erroneously issued or prohibited by law.
101.922(1)(b)
(b) That the manufactured home has been scrapped, dismantled or destroyed.
101.922(1)(c)
(c) That a transfer of title is set aside by a court of record by order or judgment.
101.922(2)
(2) Suspension or revocation of a certificate of title does not, in itself, affect the validity of a security interest noted on it.
101.922(3)
(3) When the department suspends or revokes a certificate of title, the owner or person in possession of it shall, immediately upon receiving notice of the suspension or revocation, mail or deliver the certificate to the department.
101.922(4)
(4) The department may seize and impound any certificate of title that has been suspended or revoked.
101.922 History
History: 1999 a. 9,
53,
185.
101.9221
101.9221
Grounds for refusing issuance of certificate of title. The department shall refuse issuance of a certificate of title if any required fee has not been paid or for any of the following reasons:
101.9221(1)
(1) The department has reasonable grounds to believe that:
101.9221(1)(a)
(a) The person alleged to be the owner of the manufactured home is not the owner.
101.9221(1)(b)
(b) The application contains a false or fraudulent statement.
101.9221(2)
(2) The applicant has failed to furnish any of the following:
101.9221(2)(b)
(b) Any other information or documents required by law or by the department pursuant to authority of law.
101.9221(3)
(3) The applicant is a manufactured home dealer and is prohibited from applying for a certificate of title under
s. 101.921 (1) (a) or
(b).
101.9221(4)
(4) Except as provided in
ss. 101.9203 (3) and
101.921 (1) (a) for a certificate of title and registration for a manufactured home owned by a nonresident, the applicant is a nonresident and the issuance of a certificate of title has not otherwise been authorized by rule of the department.
101.9221 History
History: 1999 a. 9,
53.
101.9222
101.9222
Previously certificated manufactured homes. 101.9222(1)(1) In this section, "previously certificated manufactured home" means a manufactured home for which a certificate of title has been issued by the department of transportation prior to July 1, 2000.
101.9222(2)
(2) Sections 101.9213 to
101.9218 do not apply to a previously certificated manufactured home until one of the following occurs:
101.9222(2)(a)
(a) There is a transfer of ownership of the manufactured home.
101.9222(2)(b)
(b) The department issues a certificate of title for the manufactured home under this chapter.
101.9222(3)
(3) If the department is not satisfied that there are no undisclosed security interests, created before July 1, 2000, in a previously certificated manufactured home, the department shall, unless the applicant fulfills the requirements of
s. 101.9219 (3), issue a distinctive certificate of title for the manufactured home containing the legend "This manufactured home may be subject to an undisclosed security interest" and any other information that the department prescribes.
101.9222(4)
(4) After July 1, 2000, a security interest in a previously certificated vehicle may be created and perfected only by compliance with
ss. 101.9213 and
101.9218.
101.9222(5)(a)(a) If a security interest in a previously certificated manufactured home is perfected under any other applicable law of this state on July 1, 2000, the security interest continues perfected:
101.9222(5)(a)1.
1. Until its perfection lapses under the law under which it was perfected, or until its perfection would lapse in the absence of a further filing or renewal of filing, whichever occurs sooner.
101.9222(5)(a)2.
2. If, before the security interest lapses as described in
subd. 1., there is delivered to the department the existing certificate of title together with the application and fee required by
s. 101.9214 (1). In such case the department shall issue a new certificate pursuant to
s. 101.9214 (3).
101.9222(5)(b)
(b) If a security interest in a previously certificated manufactured home was created, but was unperfected, under any other applicable law of this state on July 1, 2000, it may be perfected under
par. (a), but such perfection dates only from the date of the department's receipt of the certificate.
101.9222 History
History: 1999 a. 9,
53,
185.
101.925(2)
(2) Approval. A smoke detector required under this section shall be approved by underwriters laboratory.
101.925(3)
(3) Installation. A smoke detector required under this section shall be installed according to the directions and specifications of the manufacturer.
101.925(4)
(4) Requirement. The manufacturer of a manufactured home shall install a functional smoke detector in each manufactured home manufactured on or after May 23, 1978.
101.93
101.93
Departmental powers and duties. 101.93(1)
(1) The department shall adopt rules relating to plumbing in the design and construction of manufactured homes. The rules shall be consistent with
s. 101.94 (1) to
(3) and shall be reviewed annually.
101.93(2)
(2) The department shall establish qualification requirements for and shall certify persons to perform inspections of the plumbing systems in manufactured homes.
101.93(3)
(3) The department shall review plans and specifications for approval of plumbing systems in manufactured homes.
101.935
101.935
Manufactured home park regulation. 101.935(1)
(1) The department shall license and regulate manufactured home parks. The department may investigate manufactured home parks and, with notice, may enter and inspect private property.
